insurance - professional indemnity
In the midst of recession, the climate has never been more
hazardous for professional advisors and their insurers. Our
experienced team deals with claims in pre-action protocol and
litigation as well as those routed through the Financial Ombudsman
Service and other consumer redress schemes. In addition to our
underlying claims work, we advise on policy liability issues and in
relation to wordings, contracts and insurance product
development.
- our clients - major professional indemnity (PI)
insurers, Lloyd's syndicates, managing agencies, professional
services firms and policyholders
- our experience - Solicitors Indemnity Fund (SIF) panel member
for 15 years, 500+ mediations completed in the last 10 years, 3000+
notifications processed through our leading claims handling unit
since 2001, full time industry secondments
- specialist services - professional liability claims,
traditional and emerging professions, ‘minimum terms’ and approved
PI insurer frameworks, coverage and indemnity disputes, risk
management advice and auditing, mortgage fraud and dishonesty
investigations, Financial Services Authority and other regulatory
regimes, professional disciplinary enquiries
- 17 dedicated lawyers - including six partners and five
associates – with national reach, based in London, Nottingham and
Birmingham
- bespoke claims handling schemes - providing a cost effective
claims solution for PI insurers
- industry membership - Forum of Insurance Lawyers, British
Insurance Law Associates, Chartered Institute of Arbitrators
Results: claims resolved
efficiently; 'cradle to grave' claims-handling operation; clear,
commercial advice on managing relationships with insureds and
regulators